Settings8H · net · $10k
Funding arb · Price arb /

LDO

all LDO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Pacifica−0.016%52s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.644% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.471%−$47 · spread now −0.016%, 7d avg −0.072%
Together, before fees−0.471%+ Points / potential airdropPacifica: Active · farm board−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.056% dearer against Pacifica than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.072%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica LDO0.43200.0100pay 0.0013% / 1h20m 50s$111K$109K10x
ShortBitget LDOUSDT0.43190.0100get 0.0100% / 8h5h 20m$3.4M$3.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.016% → −0.072%
$5.62
Slippage, 4 orders
−$44.41
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$58.79
Costs to cover
0.644%
Break-even
never at this rate
Slippage from Pacifica: live order book, 42 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 42 min ago8.14 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago3.47 bp15.8 bp −$1641.1 bp −$411doesn't fitdoesn't fit

LDO on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International LDO-PERP-INTX−0.0512%1h0.4259−1.405%$119K$41K50xas long as short
dYdX LDO-USD0.0000%1h0.4315−0.110%$83K$5K5xas long as short
Injective LDO/USDC PERP+0.0033%1h0.4110−4.854%$4K$1312xas long as short
BloFin LDO-USDT+0.0073%8h0.4325+0.123%$924K$256K75xas long as short
Paradex LDO-USD-PERP+0.0100%8h0.4319−0.019%$3K20xas long as short
Hyperliquid LDO+0.0100%1h0.4321+0.022%$11.8M$3.3M5xas long as short
Aster LDOUSDT+0.0100%8h0.4326+0.147%$170K$116K10xas long as short
Pacifica LDOlong+0.0100%1h0.4320long leg$111K$109K10x
Binance LDOUSDT+0.0100%8h0.4320+0.008%$18.1M$31.3M75xas long as short
Bybit LDOUSDT+0.0100%8h0.4316−0.085%$16.2M$10.0M50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX LDO-USDT-SWAP+0.0100%8h0.4315−0.108%$4.0M$7.1M50xas long as short
Gate LDO_USDT+0.0100%8h0.4319−0.016%$1.5M$1.0M50xas long as short
MEXC LDO_USDT+0.0100%8h0.4321+0.031%$7.9M$6.9M200xas long as short
KuCoin LDOUSDTM+0.0100%8h0.4320+0.008%$2.8M$3.9M50xas long as short
Bitget LDOUSDTshort+0.0100%8h0.4319−0.016%$3.4M$3.2M75x
BingX LDO-USDT+0.0100%8h0.4318−0.039%$10.0Mas long as short
Backpack LDO_USDC_PERP+0.0100%1h0.4321+0.038%$94K$175K10xas long as short
Variational Omni LDO+0.0100%8h0.4316−0.092%$203K$62Kas long as short
GRVT LDO_USDT_Perp+0.0100%8h0.4312−0.177%$304K$3.4M10xas long as short
ApeX Omni LDOUSDT+0.0100%1h0.4310−0.224%$33K$641K50xas long as short
Polymarket Perps LDO-USD+0.0100%1h0.4325+0.114%$23K$552K5xas long as short
SunX LDO-USDT+0.0100%8h0.4424+2.415%$1K$1.2M20xas long as short
Extended LDO-USD+0.0104%1h0.4316−0.087%$259K$1.3M25xas long as short
Aevo LDO-PERP+0.0104%1h0.4321+0.040%$38K3xas long as short
Deribit LDO_USDC-PERPETUAL+0.0213%1h0.4321+0.031%$8K$20K25xas long as short
GMX LDO/USD [ETH-USDC]L +0.0320% / S −0.0201%1h0.4319−0.024%$24K100xas long as short
Reya LDORUSDPERP+0.0339%1h0.4320+0.009%$301K15xas long as short
Lighter LDO+0.0472%1h0.4330+0.244%$879K$265K10xas long as short
Kraken Futures PF_LDOUSD+0.0571%1h0.4326+0.136%$1.2M$678K50xas long as short